Hi there! Interest on the first loan is 800×.075×2=120. The interest on the second loan is 138-120=18. Now, we have to use the simple interest formula. 18=P×.03×2=300. Therefore, the answer is $300.
Answer:
Step-by-step explanation:
Both triangles in this figure are similar. Therefore, we can set up the following proportion:
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Cross-multiply to solve:
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Answer:
7
Step-by-step explanation: